Economy

Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after introducing the Virtual Apprenticeship Tax Credit Act of 2019: “Almost half of employers across the U.S. have difficulties finding workers due to a lack of technical competencies. Unfortunately, the popular culture has ingrained in young people that a traditional associate or bachelor’s degree is the only viable post-high school option. However, this narrative is severely flawed, and this widespread noti...
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Today, Rep. Ted Budd (R-NC) was honored by National Taxpayers Union (NTU) for having one of the strongest voting records in Washington, D.C. on supporting lower taxes, limited government, and economic freedom. Rep. Budd was one of only 17 House members to earn the “Taxpayers’ Friend Award” for their outstanding voting record during the 2018 Congressional session. Rep. Budd said: "It is a true honor to receive NTU's Taxpayers' Friend Award for the second year in a row. NTU's standards are high, s...
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Washington, D.C.- U.S. Representative Ted Budd (NC-13) released the following statement after sending a letter to the Securities and Exchange Commission Chairman Jay Clayton calling for disclosure frequency reform: "The current financial disclosure regime public companies face has negatively impacted the competitiveness of American companies in the global marketplace. While the UK, Australia, and many European countries have right-sized public disclosure frequency to allow for greater participat...
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For too long, Congress has promised but failed to close loopholes and fend off special interest groups, until now. Today’s vote moved us one step closer to delivering hard working American families the tax relief we promised.
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Specifically, as a result of this bill the average middle-class family in my district earning $59,000 will receive a $1,182 tax cut. Rather than giving it to the IRS, a family would be able to keep this money and use for more important things such as raising their children or paying down debt
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It strikes me as common sense that if we’re going to take money from law abiding taxpayers, we ought not to be giving it to lawbreaking recipients. This bill is one step towards fixing that problem.
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“It’s now up to us in the House to turn this into a reality. I look forward to working with my colleagues in the coming weeks to ensure more jobs can be brought back to North Carolina and that middle-class families in our state get the raise they deserve.
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